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Scam Allegation on Lalit Modi and Suresh Kalmadi

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Scam Allegation on Lalit Modi and Suresh Kalmadi
Business Ethics

An Assignment

On

LALIT MODI

AND

SURESH KALMADI

LALIT MODI

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Lalit Kumar Modi born on November 29, 1963, Delhi, India is the founder and architect of the Indian Premier League He is best known for his stint as the Chairman and Commissioner of the Indian Premier League and the Chairman of the Champions League, between 2008 and 2010, he has also occupied the roles of Vice President of the Board of Control for Cricket in India (BCCI), between 2005 and September 2010, and Vice President of the Punjab Cricket Association.
Lalit Modi is also the President and Managing Director of Modi Enterprises and the Executive Director of Godfrey Phillips India
His Background:
Lalit Modi was born in a wealthy and successful business family. His father Krishan Kumar Modi is Chairman of Modi Enterprises, a Rs40 billion business empire, which was founded by his grandfather, Raj Bahadur Gujarmal Modi, who also founded the town of Modinagar.
Lalit Modi joined Bishop Cotton School in Shimla, Asia's first boarding school, in 1971.Modi is noted to have been a brilliant sportsman and used to play a number of sports, including cricket. He also attended St Joseph's College in Nainital. He travelled to the United States to continue with his studies, where he studied Electrical Engineering and Business Administration at Pace University and Duke University, between 1983 and 1986
Modi is the President and Managing Director of Modi Enterprises, created and run by his family. Modi has been the Executive Director of Godfrey Phillips India since 1992, one of India's largest tobacco companies. The company is jointly promoted by the Modi Enterprises and Philip Morris International.
Modi Entertainment Networks: Modi started a 10-year joint venture with Walt Disney Pictures in 1993, called Modi Entertainment Networks (MEN), to broadcast some of Disney's content in India, including Fashion TV.
In 1994, he became the pan-India distributor of ESPN on a

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